Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
16 October, 2021 20:26 IST
Lumax Auto Technologies incorporates subsidiary company
Source: IRIS | 23 Sep, 2021, 12.31PM
Rating: NAN / 5 stars.
Comments  |  Post Comment


Lumax Auto Technologies, manufacturer of automotive parts for two and three-wheeler industry, has incorporated 'Lumax Alps Alpine India' as 50% Subsidiary of the company on Sep. 21, 2021. The company has agreed to subscribe initial capital of 50,000 Equity Shares of Rs. 10 each aggregating to Rs 5,00,000 (equivalent to 50% of the paid up capital) in this subsidiary company.

Shares of Lumax Auto Technologies  are trading at Rs 138.35, up Rs 1.85, or 1.36%  at the Bombay Stock Exchange (BSE) on Thursday at 11:00 a.m.

The scrip has touched an intra-day high of Rs 138.95 and low of Rs 137.20. The total volume of shares traded at the BSE is 3,489.

Currently, the stock is trading down  23.73% from its 52-week high of Rs 181.40  and above 53.72% over the 52-week low of Rs 88.05.

 Post Comment
Name Email
Security Code type    into this box
Company Update
Wipro: Q2FY22 Review - Ahead of Guidance; Buy - 14-Oct-2021 14:00
Infosys: Q2FY22 Review - Another all-round beat; BUY - 14-Oct-2021 00:00
Puravankara arms plan to launch new housing projects - 13-Oct-2021 18:33
Hero Motocorp partners with Gilera Motors Argentina - 13-Oct-2021 18:14
Sun Pharma: Reaping the fruits of enhanced efforts in Specialty - 13-Oct-2021 17:14
IndusInd Bank gets authority by RBI to collect Direct and Indirect Taxes - 13-Oct-2021 14:52
UltraTech signs non-binding MoU with PRESPL - 13-Oct-2021 14:10
Tata Power Solar gets EPC orders worth Rs 5,380 mn from EESL - 12-Oct-2021 20:12
Alembic Pharmaceuticals gets EIR from USFDA for Gujarat new injectable facility - 12-Oct-2021 20:00
Saregama India Q2 consolidated net profit rises 16.9% to Rs 338 mn - 12-Oct-2021 16:27
Ramkrishna Forgings inks MoU with US based co to develop EV powertrain components - 12-Oct-2021 16:03
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer